Hungary - Unemployment

Hungary: Unemployment

Mnemonic	LBU.IHUN
Unit	Ths. # 3-mo ending MA, NSA
Adjustments	Not Seasonally Adjusted
	Monthly	3.56 %
Data	Dec 2020	196.5
	Nov 2020	203.76

Series Information

Source	Hungarian Central Statistical Office (HCSO)
Release	Labor Market
Frequency	Monthly
Start Date	1/31/1994
End Date	12/31/2020

Hungary: Labor

	Reference	Last	Previous	Units	Frequency
Labor Force	Jan 2023	4,901	4,891	Ths. # 3-mo ending MA, NSA	Monthly
Labor Force Employment	Jan 2023	4,705	4,702	Ths. # 3-mo ending MA, NSA	Monthly
Unemployment Rate	Jan 2023	4	3.86	% 3-mo ending MA, NSA	Monthly
Primary Industries Employment	2022 Q4	205.64	204.1	Ths. #, NSA	Quarterly
Total Employment	2022 Q4	4,702	4,712	Ths. #, NSA	Quarterly
Unemployment	Dec 2020	196.5	203.76	Ths. # 3-mo ending MA, NSA	Monthly
Agriculture Employment	2017	231,945	236,179	#	Annual

Release Information

Description

The Hungarian Central Statistical Office (HCSO) reports monthly labor market statistics. The data set includes total employed, unemployed, economically active, economically inactive, population, participation rate, employment rate, and unemployment rate for Hungary.

Properties

Active:

Measurements:
Adjustment: Not seasonally adjusted (NSA)
Native frequency: Monthly
Start date:

Predecessor:

1992 to 2021

Methodology

The Labor Force Survey is based on a multi-stage stratified probability sample design. The size of the quarterly sample is approximately 32 thousand respondent households (about 65 thousand persons). The survey is continuous and consists of three statistically independent monthly sub-samples. The basis of grossing up is the population number in the survey period estimated with the help of a mathematical model. The population number in each population group is calculated by multiplying the sample values of the different strata with the proper weight and summing them up.

Based on data about the economic activity of population aged 15–74 years living in private households.

Moody's Analytics supplements

For the status quartet for ages 15 to 74 years, we compute seasonally adjusted counterparts using X-13ARIMA-SEATS.